Hyperloop is promising futuristic designs, but will it be enough?

April 30, 2018 5:00 pm

In the past few weeks, we have had significant announcements from both Hyperloop TT and Virgin Hyperloop One, both separate companies working under Elon Musk’s Hyperloop idea.

There is no doubt that Naysayers may tell you that Hyperloop’s safety concerns and cost are all downsides, but Virgin Hyperloop One Chief Technology Officer (CTO) Josh Giegel is here to tell you otherwise.

In a recent Interview, Giegel said that a ticket would cost as much as other available transportation options, saying they “will not be significantly different than that of existing rail networks or air travel.”

That’s not the only reason you might use Hyperloop, for Virgin Hyperloop One will be partnering with major logistic businesses such as DP World Cargospeed, a firm that will build high-speed delivery systems using hyperloop technology.

“It’s moving at the speed of flight, for the cost of trucking,” Giegel said. “You could put a central distribution system in Dubai, and be able to distribute all your goods, within a couple of hours, all throughout the GCC.”

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